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30 Great Franchise Business Ideas

Kissmetrics

These offer the greatest potential for customization, adaption, and variation compared to other franchise business models. With a professional service franchise business, you have a multitude of customer retention opportunities that can be quite profitable in the long run. Shipping and Mailing Franchise.

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The Goldilocks Method of Discounting

eCommerceFuel

Drew also talks about how to run promotions without reducing the value of your brand and why it’s crucial to strike a balance – find a Goldilocks zone – between discounts and full-priced sales. Bill Bain, the founder of Bain Consulting has said, “Your best new customers are your existing customers.”

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How To Increase Sales By Square Foot

Korona

Consider doing a seminar in suggestive selling. Try sending your customers a discount QR code that’s good for in-store purchases only. Many retailers will offer free shipping or faster fulfillment with this option. Give your customers a reason to repetitively come back to your store. Set Up A Solid Loyalty Program.